
Steve Cox
15:57 - 16:28
"Today's settlement, I really do think, changes that. It brings finality to a dispute that really has lasted, as the Attorney General said, really since 2003, while providing meaningful resources to help rebuild this critical piece of infrastructure."
“Today's settlement, I really do think, changes that. It brings finality to a dispute that really has lasted, as the Attorney General said, really since 2003, while providing meaningful resources to help rebuild this critical piece of infrastructure.”
- Speaker
- Steve Cox
- Timestamp
- 15:57 – 16:28
- Community
- Alaska News
- Captured at
- July 7, 2026
From the transcript
Every year spent in costly litigation was another year spent not fully focusing on the future of this extraordinary asset. Today's settlement, I really do think, changes that. It brings finality to a dispute that really has lasted, as the Attorney General said, really since 2003, while providing meaningful resources to help rebuild this critical piece of infrastructure. And so we think of it as a win-win-win. Normally you look for a win-win.
Related Coverage
Anchorage won $191 million for the port that feeds Alaska
The Municipality of Anchorage and the U.S. Maritime Administration settled a 12-year lawsuit Tuesday, with the U.S. paying $180 million to the city. Combined with prior funds, the total reaches $191.3 million, the largest settlement in the municipality's history, with every dollar directed toward Port of Alaska construction costs.
